Enact Holdings, Inc. (ACT)
NASDAQ: ACT · IEX Real-Time Price · USD
29.90
+0.23 (0.78%)
At close: Jun 17, 2024, 4:00 PM
31.10
+1.20 (4.01%)
After-hours: Jun 17, 2024, 7:27 PM EDT

Enact Holdings Statistics

Total Valuation

Enact Holdings has a market cap or net worth of $4.70 billion. The enterprise value is $4.83 billion.

Market Cap 4.70B
Enterprise Value 4.83B

Important Dates

The next estimated earnings date is Tuesday, July 30, 2024, after market close.

Earnings Date Jul 30, 2024
Ex-Dividend Date May 29, 2024

Share Statistics

Enact Holdings has 157.29 million shares outstanding. The number of shares has decreased by -1.89% in one year.

Shares Outstanding 157.29M
Shares Change (YoY) -1.89%
Shares Change (QoQ) -0.50%
Owned by Insiders (%) 81.67%
Owned by Institutions (%) 18.49%
Float n/a

Valuation Ratios

The trailing PE ratio is 7.38 and the forward PE ratio is 7.74.

PE Ratio 7.38
Forward PE 7.74
PS Ratio 4.04
Forward PS 3.80
PB Ratio 1.00
P/FCF Ratio 6.72
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.47, with an EV/FCF ratio of 6.91.

EV / Earnings 7.43
EV / Sales 4.15
EV / EBITDA 5.47
EV / EBIT 5.47
EV / FCF 6.91

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.16
Debt / EBITDA 0.84
Debt / FCF 1.07
Interest Coverage 17.09

Financial Efficiency

Return on equity (ROE) is 14.30% and return on invested capital (ROIC) is 12.65%.

Return on Equity (ROE) 14.30%
Return on Assets (ROA) 10.70%
Return on Capital (ROIC) 12.65%
Revenue Per Employee $2.50M
Profits Per Employee $1.40M
Employee Count 465
Asset Turnover 0.19
Inventory Turnover n/a

Taxes

In the past 12 months, Enact Holdings has paid $182.41 million in taxes.

Income Tax 182.41M
Effective Tax Rate 21.90%

Stock Price Statistics

The stock price has increased by +18.24% in the last 52 weeks. The beta is 0.56, so Enact Holdings's price volatility has been lower than the market average.

Beta (1Y) 0.56
52-Week Price Change +18.24%
50-Day Moving Average 30.43
200-Day Moving Average 28.75
Relative Strength Index (RSI) 41.33
Average Volume (30 Days) 191,747

Short Selling Information

The latest short interest is 1.08 million, so 0.69% of the outstanding shares have been sold short.

Short Interest 1.08M
Short Previous Month 1.01M
Short % of Shares Out 0.69%
Short % of Float n/a
Short Ratio (days to cover) 5.36

Income Statement

In the last 12 months, Enact Holdings had revenue of $1.16 billion and earned $650.51 million in profits. Earnings per share was $4.05.

Revenue 1.16B
Gross Profit 1.11B
Operating Income 884.68M
Pretax Income 832.92M
Net Income 650.51M
EBITDA 884.68M
EBIT 884.68M
Earnings Per Share (EPS) $4.05
Full Income Statement

Balance Sheet

The company has $614.33 million in cash and $746.09 million in debt, giving a net cash position of -$131.76 million or -$0.84 per share.

Cash & Cash Equivalents 614.33M
Total Debt 746.09M
Net Cash -131.76M
Net Cash Per Share -$0.84
Equity / Book Value 4.71B
Book Value Per Share 29.97
Working Capital n/a
Full Balance Sheet

Cash Flow

Operating Cash Flow 700.00M
Capital Expenditures n/a
Free Cash Flow 700.00M
FCF Per Share $4.41
Full Cash Flow Statement

Margins

Gross margin is 95.05%, with operating and profit margins of 75.98% and 55.87%.

Gross Margin 95.05%
Operating Margin 75.98%
Pretax Margin 71.54%
Profit Margin 55.87%
EBITDA Margin 75.98%
EBIT Margin 75.98%
FCF Margin 60.12%

Dividends & Yields

This stock pays an annual dividend of $0.74, which amounts to a dividend yield of 2.48%.

Dividend Per Share $0.74
Dividend Yield 2.48%
Dividend Growth (YoY) -4.87%
Years of Dividend Growth 2
Payout Ratio 18.27%
Buyback Yield 1.89%
Shareholder Yield 4.37%
Earnings Yield 13.83%
FCF Yield 14.88%
Dividend Details

Analyst Forecast

The average price target for Enact Holdings is $32.00, which is 7.02% higher than the current price. The consensus rating is "Buy".

Price Target $32.00
Price Target Difference 7.02%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5